LSI Industries Inc.

LYTS: Is LSI Industries Inc. Halal?

LSI Industries Inc.

NASDAQIndustrialsUS

$25.17

+1.25%

Market Cap: 784.6M

Compliance Status

Not Halal

Screened on Sep 1, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is LSI Industries Inc. (LYTS) halal? Not Halal. Based on AAOIFI screening, LSI Industries Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates LSI Industries Inc. (LYTS) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Sep 1, 2026. Source: https://halalscreener.app/en/stock/LYTS

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

36.3% of 30.0% limit

What this means for you

Most scholars advise not holding LYTS

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About LSI Industries Inc.

LSI Industries Inc. provides non-residential lighting and retail display solutions to customers across the United States, Canada, Mexico, Australia, and Latin America. The company's operations are organized into two key segments: Lighting and Display Solutions. The Lighting segment is responsible for the manufacturing, marketing, and sale of illumination products for commercial and institutional outdoor and indoor environments. This division also furnishes sophisticated lighting control systems, including sensors, photocontrols, dimmers, motion detection, and Bluetooth integration. Furthermore, it designs, engineers, and produces electronic circuit boards, assemblies, and sub-assemblies. The Display Solutions segment specializes in the creation, sale, and installation of exterior and interior visual branding and merchandising elements. Its extensive product range includes printed and structural graphics, digital signage, menu board systems, various display fixtures, and both refrigerated and non-refrigerated custom displays. Specific examples encompass signage and canopy graphics, pump dispenser graphics, building fascia graphics, decals, interior marketing visuals, aisle markers, and wall murals. Beyond products, this segment delivers comprehensive program management services, such as installation oversight, site surveys, permitting, and content management, vital for executing large-scale rollout programs. LSI Industries serves a broad spectrum of markets, including petroleum and convenience stores, parking lots and garages, quick-service restaurants, retail and grocery establishments, automotive businesses, warehouses, and sports complexes. The company, founded in 1976, is headquartered in Cincinnati, Ohio.

Sector: Industrials · Industry: Electrical Equipment & Parts

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 1, 2026

Compliance History

  1. Not Halalnow

    since Aug 2026

  2. Doubtful

    until the change above

  3. Halal

    until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: Q3 2026Data source: EDGAR
Free · No credit card required

Track LYTS and 6,200+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

6,200+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is LSI Industries Inc. (LYTS) halal to invest in?
LSI Industries Inc. (LYTS) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did LSI Industries Inc. get a F compliance rating?
LSI Industries Inc. (LYTS) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 36.3% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change LSI Industries Inc.'s Shariah verdict?
LSI Industries Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is LSI Industries Inc. re-screened for Shariah compliance?
LSI Industries Inc. (LYTS) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Sep 1, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.